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“No pain, no gain” may be an awesome motivational mantra in the
 weight room. But in the board room? Not so much. To succeed in
 business, you need to understand your customers’ pain points and
 clearly explain how you’ll remedy them better than anyone else—
 which is where your value proposition saves the day.                            With attention spans being
                                                                                 so minimal today, you must
 Alaina Chiappone, a   customers. You must make sure that the
 PR specialist at Otter   value is being communicated anywhere                   clearly communicate your
 Public Relations in St.   that somebody finds you.                              value to your customers
 Petersburg, Florida,
 discusses why a value     What are the key elements of                          almost immediately or they
 proposition is vital to a   a value proposition?
 business’s success.  Typically, there are three things. First is                are going to lose interest
 the headline, a concise statement that                                          and miss it.
   Why is a value proposition important?  says what the potential customer will gain

 It’s essentially a promise to your customers   from purchasing your product or service.       -ALAINA CHIAPPONE
 about the benefits your product or service will   Then there’s the subheading: a couple of
 deliver to them. It’s also an important tool to   sentences that explain the who, what, where,
 differentiate yourself from your competitors.   why, and how—who will benefit, what they
 With attention spans being so minimal today,   will get from using your product or service,   kept concise and very clear: this is
 you must clearly communicate your value   where they can get it, why they need it to   what we offer, this is how we do it,
 to your customers almost immediately or   solve their problem or achieve whatever   and this is who is going to benefit
 they are going to lose interest and miss it. So   goal they have, and how you’ll do it and do it   from it. I wouldn't go over three
 having a concisely written value proposition,   better than the competition. Finally, a lot of   lines at a time without breaking
 placed where they’re going to see it, is vital   times there will be a visual element to help   it up with visual representation,
 for converting a casual researcher into a   illustrate your points.             because that’s critical to keeping
 customer. That's where the value proposition   they’re thinking, you can better     Can companies be too detailed   people’s attention. A block of text
 packs the biggest punch.  It comes down to understanding them not   communicate how you're going   with their value proposition?  can deter people and mask your
 only from a demographic perspective but   to solve their problems. That’s   Definitely, especially when it’s   value proposition. So keeping it
   Where exactly should a    also from a psychographic perspective.   why clearly stating your value is   something that the founder has such   clean and on your home page is
 customer see it?  What are they trying to accomplish?   so essential to the core of your   excitement about. They want to tell   most important, and making sure

 The more often they see it, the better. It   What is getting in their way, and what do   communication strategy. If you’re not   you everything, so you have to rein   that your value proposition is near
 should definitely be on your website. But   they expect of a product or service that   constantly referring back to those   them in a little bit. While additional   your call to action and that both
 it's also important to repurpose it into other   is addressing the problem? Getting into   ideals of your value proposition,   information is helpful, it usually   are near your Subscribe or Sign Up
 content, especially social media, to drive   the mind of the consumer is so important   you’re wasting an opportunity to   clutters the value proposition space.   button gives them the right amount
 your message about what you’re offering   because once you understand how   relay that message to your audience.  The value proposition should be   of information to take the deep dive.





 40 / BUSINESS IN ACTION                                                                          businessinaction.com / 41
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